Annual report

Period2025-04-01 → 2026-03-31
Filed2026-06-24
StandardJapan GAAP
ConsolidatedYes
Data checks24 of 24 passed
Key figures · 148
MetricValuePeriodScopeSource row
Revenue¥36.8bn2025-04-01 → 2026-03-31Cons.Net sales
Revenue¥32.3bn2024-04-01 → 2025-03-31Cons.Net sales
Revenue¥26.1bn2023-04-01 → 2024-03-31vCons.Net sales (5-year summary)
Revenue¥30.1bn2022-04-01 → 2023-03-31vCons.Net sales (5-year summary)
Revenue¥26.7bn2021-04-01 → 2022-03-31vCons.Net sales (5-year summary)
Operating income¥1.8bn2025-04-01 → 2026-03-31Cons.Operating income
Operating income¥960m2024-04-01 → 2025-03-31Cons.Operating income
Ordinary income¥1.7bn2025-04-01 → 2026-03-31Cons.Ordinary income
Ordinary income¥968m2024-04-01 → 2025-03-31Cons.Ordinary income
Ordinary income¥210m2023-04-01 → 2024-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥1.8bn2022-04-01 → 2023-03-31vCons.Ordinary income loss (5-year summary)
Ordinary income¥739m2021-04-01 → 2022-03-31vCons.Ordinary income loss (5-year summary)
Profit before tax¥1.5bn2025-04-01 → 2026-03-31Cons.Income before income taxes
Profit before tax¥949m2024-04-01 → 2025-03-31Cons.Income before income taxes
Net income (owners)¥964m2025-04-01 → 2026-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥611m2024-04-01 → 2025-03-31Cons.Profit loss attributable to owners of parent
Net income (owners)¥75m2023-04-01 → 2024-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥1.3bn2022-04-01 → 2023-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income (owners)¥355m2021-04-01 → 2022-03-31vCons.Profit loss attributable to owners of parent (5-year summary)
Net income¥964m2025-04-01 → 2026-03-31Cons.Profit loss
Net income¥611m2024-04-01 → 2025-03-31Cons.Profit loss
Total assets¥25.4bnat 2026-03-31Cons.Assets
Total assets¥27.5bnat 2025-03-31Cons.Assets
Total assets¥26.3bnat 2024-03-31vCons.Total assets (5-year summary)
Total assets¥26.8bnat 2023-03-31vCons.Total assets (5-year summary)
Total assets¥25.8bnat 2022-03-31vCons.Total assets (5-year summary)
Total liabilities¥14.0bnat 2026-03-31Cons.Liabilities
Total liabilities¥12.0bnat 2025-03-31Cons.Liabilities
Net assets / equity¥11.4bnat 2026-03-31Cons.Net assets
Net assets / equity¥15.5bnat 2025-03-31Cons.Net assets
Net assets / equity¥15.2bnat 2024-03-31vCons.Net assets
Net assets / equity¥15.6bnat 2023-03-31vCons.Net assets (5-year summary)
Net assets / equity¥14.6bnat 2022-03-31vCons.Net assets (5-year summary)
Cash and deposits¥8.7bnat 2026-03-31Cons.Cash and deposits
Cash and deposits¥14.1bnat 2025-03-31Cons.Cash and deposits
Cash & equivalents¥8.6bnat 2026-03-31Cons.Cash and cash equivalents
Cash & equivalents¥14.0bnat 2025-03-31Cons.Cash and cash equivalents
Cash & equivalents¥13.9bnat 2024-03-31vCons.Cash and cash equivalents
Cash & equivalents¥12.3bnat 2023-03-31vCons.Cash and cash equivalents (5-year summary)
Cash & equivalents¥10.0bnat 2022-03-31vCons.Cash and cash equivalents (5-year summary)
Operating cash flow−¥701m2025-04-01 → 2026-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥900m2024-04-01 → 2025-03-31Cons.Net cash provided by used in operating activities
Operating cash flow¥2.0bn2023-04-01 → 2024-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥2.9bn2022-04-01 → 2023-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Operating cash flow¥1.3bn2021-04-01 → 2022-03-31vCons.Net cash provided by used in operating activities (5-year summary)
Investing cash flow−¥399m2025-04-01 → 2026-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥362m2024-04-01 → 2025-03-31Cons.Net cash provided by used in investment activities
Investing cash flow−¥97m2023-04-01 → 2024-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥21m2022-04-01 → 2023-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Investing cash flow−¥584m2021-04-01 → 2022-03-31vCons.Net cash provided by used in investing activities (5-year summary)
Financing cash flow−¥4.3bn2025-04-01 → 2026-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥371m2024-04-01 → 2025-03-31Cons.Net cash provided by used in financing activities
Financing cash flow−¥367m2023-04-01 → 2024-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥601m2022-04-01 → 2023-03-31vCons.Net cash provided by used in financing activities (5-year summary)
Financing cash flow−¥230m2021-04-01 → 2022-03-31vCons.Net cash provided by used in financing activities (5-year summary)
EPS (basic)¥71.572025-04-01 → 2026-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥39.862024-04-01 → 2025-03-31Cons.Basic earnings loss per share (5-year summary)
EPS (basic)¥4.92023-04-01 → 2024-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥85.682022-04-01 → 2023-03-31vCons.Basic earnings loss per share (5-year summary)
EPS (basic)¥22.922021-04-01 → 2022-03-31vCons.Basic earnings loss per share (5-year summary)
Net assets per share¥942.33at 2026-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥1,007.73at 2025-03-31Cons.Net assets per share (5-year summary)
Net assets per share¥995.3at 2024-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥1,017.41at 2023-03-31vCons.Net assets per share (5-year summary)
Net assets per share¥938.05at 2022-03-31vCons.Net assets per share (5-year summary)
Equity ratio44.8%at 2026-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio56.5%at 2025-03-31Cons.Equity to asset ratio (5-year summary)
Equity ratio58.0%at 2024-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio58.2%at 2023-03-31vCons.Equity to asset ratio (5-year summary)
Equity ratio56.3%at 2022-03-31vCons.Equity to asset ratio (5-year summary)
ROE7.2%2025-04-01 → 2026-03-31Cons.Rate of return on equity (5-year summary)
ROE4.0%2024-04-01 → 2025-03-31Cons.Rate of return on equity (5-year summary)
ROE0.5%2023-04-01 → 2024-03-31vCons.Rate of return on equity (5-year summary)
ROE8.8%2022-04-01 → 2023-03-31vCons.Rate of return on equity (5-year summary)
ROE2.5%2021-04-01 → 2022-03-31vCons.Rate of return on equity (5-year summary)
Employees463at 2026-03-31Cons.Number of employees
Employees454at 2025-03-31Cons.Number of employees
Employees460at 2024-03-31vCons.Number of employees
Employees450at 2023-03-31vCons.Number of employees
Employees477at 2022-03-31vCons.Number of employees
Revenue¥30.5bn2025-04-01 → 2026-03-31StandaloneNet sales
Revenue¥25.0bn2024-04-01 → 2025-03-31StandaloneNet sales
Revenue¥19.0bn2023-04-01 → 2024-03-31vStandaloneNet sales (5-year summary)
Revenue¥25.3bn2022-04-01 → 2023-03-31vStandaloneNet sales (5-year summary)
Revenue¥21.6bn2021-04-01 → 2022-03-31vStandaloneNet sales (5-year summary)
Operating income¥1.2bn2025-04-01 → 2026-03-31StandaloneOperating income
Operating income¥456m2024-04-01 → 2025-03-31StandaloneOperating income
Ordinary income¥1.3bn2025-04-01 → 2026-03-31StandaloneOrdinary income
Ordinary income¥551m2024-04-01 → 2025-03-31StandaloneOrdinary income
Ordinary income−¥75m2023-04-01 → 2024-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥1.6bn2022-04-01 → 2023-03-31vStandaloneOrdinary income loss (5-year summary)
Ordinary income¥452m2021-04-01 → 2022-03-31vStandaloneOrdinary income loss (5-year summary)
Profit before tax¥1.1bn2025-04-01 → 2026-03-31StandaloneIncome before income taxes
Profit before tax¥532m2024-04-01 → 2025-03-31StandaloneIncome before income taxes
Net income¥766m2025-04-01 → 2026-03-31StandaloneProfit loss
Net income¥374m2024-04-01 → 2025-03-31StandaloneProfit loss
Net income−¥97m2023-04-01 → 2024-03-31vStandaloneNet income loss (5-year summary)
Net income¥1.2bn2022-04-01 → 2023-03-31vStandaloneNet income loss (5-year summary)
Net income¥198m2021-04-01 → 2022-03-31vStandaloneNet income loss (5-year summary)
Total assets¥21.0bnat 2026-03-31StandaloneAssets
Total assets¥23.2bnat 2025-03-31StandaloneAssets
Total assets¥22.1bnat 2024-03-31vStandaloneTotal assets (5-year summary)
Total assets¥23.8bnat 2023-03-31vStandaloneTotal assets (5-year summary)
Total assets¥22.5bnat 2022-03-31vStandaloneTotal assets (5-year summary)
Total liabilities¥12.4bnat 2026-03-31StandaloneLiabilities
Total liabilities¥10.1bnat 2025-03-31StandaloneLiabilities
Net assets / equity¥8.7bnat 2026-03-31StandaloneNet assets
Net assets / equity¥13.0bnat 2025-03-31StandaloneNet assets
Net assets / equity¥13.0bnat 2024-03-31vStandaloneNet assets
Net assets / equity¥13.5bnat 2023-03-31vStandaloneNet assets (5-year summary)
Net assets / equity¥12.6bnat 2022-03-31vStandaloneNet assets (5-year summary)
Cash and deposits¥5.0bnat 2026-03-31StandaloneCash and deposits
Cash and deposits¥11.0bnat 2025-03-31StandaloneCash and deposits
EPS (basic)¥56.882025-04-01 → 2026-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥24.392024-04-01 → 2025-03-31StandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥-6.392023-04-01 → 2024-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥79.242022-04-01 → 2023-03-31vStandaloneBasic earnings loss per share (5-year summary)
EPS (basic)¥12.822021-04-01 → 2022-03-31vStandaloneBasic earnings loss per share (5-year summary)
Dividend per share¥602025-04-01 → 2026-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥602024-04-01 → 2025-03-31StandaloneDividend paid per share (5-year summary)
Dividend per share¥262023-04-01 → 2024-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥262022-04-01 → 2023-03-31vStandaloneDividend paid per share (5-year summary)
Dividend per share¥132021-04-01 → 2022-03-31vStandaloneDividend paid per share (5-year summary)
Net assets per share¥718.27at 2026-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥845.35at 2025-03-31StandaloneNet assets per share (5-year summary)
Net assets per share¥847.51at 2024-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥880.82at 2023-03-31vStandaloneNet assets per share (5-year summary)
Net assets per share¥809.71at 2022-03-31vStandaloneNet assets per share (5-year summary)
Equity ratio41.2%at 2026-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio56.2%at 2025-03-31StandaloneEquity to asset ratio (5-year summary)
Equity ratio58.8%at 2024-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio56.6%at 2023-03-31vStandaloneEquity to asset ratio (5-year summary)
Equity ratio55.9%at 2022-03-31vStandaloneEquity to asset ratio (5-year summary)
ROE7.1%2025-04-01 → 2026-03-31StandaloneRate of return on equity (5-year summary)
ROE2.9%2024-04-01 → 2025-03-31StandaloneRate of return on equity (5-year summary)
ROE-0.7%2023-04-01 → 2024-03-31vStandaloneRate of return on equity (5-year summary)
ROE9.4%2022-04-01 → 2023-03-31vStandaloneRate of return on equity (5-year summary)
ROE1.6%2021-04-01 → 2022-03-31vStandaloneRate of return on equity (5-year summary)
Shares issued13,386,000at 2026-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2025-03-31StandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2024-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2023-03-31vStandaloneTotal number of issued shares (5-year summary)
Shares issued15,521,000at 2022-03-31vStandaloneTotal number of issued shares (5-year summary)
Employees385at 2026-03-31StandaloneNumber of employees
Employees370at 2025-03-31StandaloneNumber of employees
Employees372at 2024-03-31vStandaloneNumber of employees
Employees358at 2023-03-31vStandaloneNumber of employees
Employees384at 2022-03-31vStandaloneNumber of employees

Periods use the dates stated in the filing. d = earlier-year period dated by calendar; v = that date confirmed by the company's own earlier filing.

Segments · 44
SegmentItemPeriodValue
Reconciling Itemsreconcilingdepreciation2025-04-01 → 2026-03-31¥115m
Reconciling Itemsreconcilingrevenue2025-04-01 → 2026-03-31−¥143m
Reconciling Itemsreconcilingrevenue intersegment2025-04-01 → 2026-03-31−¥143m
Construction Relatedreportable segmentemployeesat 2026-03-31173 pure
Construction Relatedreportable segmentrevenue2025-04-01 → 2026-03-31¥25.1bn
Construction Relatedreportable segmentrevenue external2025-04-01 → 2026-03-31¥25.1bn
Engineering Relatedreportable segmentemployeesat 2026-03-31155 pure
Engineering Relatedreportable segmentrevenue2025-04-01 → 2026-03-31¥11.2bn
Engineering Relatedreportable segmentrevenue external2025-04-01 → 2026-03-31¥11.2bn
Side Line Businessreportable segmentdepreciation2025-04-01 → 2026-03-31¥84m
Side Line Businessreportable segmentemployeesat 2026-03-3112 pure
Side Line Businessreportable segmentrevenue2025-04-01 → 2026-03-31¥574m
Side Line Businessreportable segmentrevenue external2025-04-01 → 2026-03-31¥431m
Side Line Businessreportable segmentrevenue intersegment2025-04-01 → 2026-03-31¥143m
—segment totaldepreciation2025-04-01 → 2026-03-31¥84m
—segment totalrevenue2025-04-01 → 2026-03-31¥36.9bn
—segment totalrevenue external2025-04-01 → 2026-03-31¥36.8bn
—segment totalrevenue intersegment2025-04-01 → 2026-03-31¥143m
Total Of Reportable Segments And Otherssegment totaldepreciation2025-04-01 → 2026-03-31¥84m
Total Of Reportable Segments And Otherssegment totalrevenue2025-04-01 → 2026-03-31¥36.9bn
Total Of Reportable Segments And Otherssegment totalrevenue external2025-04-01 → 2026-03-31¥36.8bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2025-04-01 → 2026-03-31¥143m
Reconciling Itemsreconcilingdepreciation2024-04-01 → 2025-03-31¥94m
Reconciling Itemsreconcilingrevenue2024-04-01 → 2025-03-31−¥172m
Reconciling Itemsreconcilingrevenue intersegment2024-04-01 → 2025-03-31−¥172m
Construction Relatedreportable segmentrevenue2024-04-01 → 2025-03-31¥23.5bn
Construction Relatedreportable segmentrevenue external2024-04-01 → 2025-03-31¥23.5bn
Engineering Relatedreportable segmentrevenue2024-04-01 → 2025-03-31¥8.3bn
Engineering Relatedreportable segmentrevenue external2024-04-01 → 2025-03-31¥8.3bn
Side Line Businessreportable segmentdepreciation2024-04-01 → 2025-03-31¥77m
Side Line Businessreportable segmentrevenue2024-04-01 → 2025-03-31¥644m
Side Line Businessreportable segmentrevenue external2024-04-01 → 2025-03-31¥472m
Side Line Businessreportable segmentrevenue intersegment2024-04-01 → 2025-03-31¥172m
—segment totaldepreciation2024-04-01 → 2025-03-31¥77m
—segment totalrevenue2024-04-01 → 2025-03-31¥32.4bn
—segment totalrevenue external2024-04-01 → 2025-03-31¥32.3bn
—segment totalrevenue intersegment2024-04-01 → 2025-03-31¥172m
Total Of Reportable Segments And Otherssegment totaldepreciation2024-04-01 → 2025-03-31¥77m
Total Of Reportable Segments And Otherssegment totalrevenue2024-04-01 → 2025-03-31¥32.4bn
Total Of Reportable Segments And Otherssegment totalrevenue external2024-04-01 → 2025-03-31¥32.3bn
Total Of Reportable Segments And Otherssegment totalrevenue intersegment2024-04-01 → 2025-03-31¥172m
Construction Relatedreportable segmentemployeesat 2026-03-31146 pure
Engineering Relatedreportable segmentemployeesat 2026-03-31122 pure
Side Line Businessreportable segmentemployeesat 2026-03-3111 pure

Segment names come from EDINET member IDs; not yet mapped to a common taxonomy.

All source rows · 1,639
ItemContextValueUnit
Deferred tax liabilities for land revaluationPrior1YearInstant403000000JPY
Deferred tax liabilities for land revaluationCurrentYearInstant403000000JPY
Net defined benefit liabilityPrior1YearInstant91000000JPY
Net defined benefit liabilityCurrentYearInstant101000000JPY
Other nclPrior1YearInstant65000000JPY
Other nclCurrentYearInstant58000000JPY
Noncurrent liabilitiesPrior1YearInstant1388000000JPY
Noncurrent liabilitiesCurrentYearInstant1483000000JPY
LiabilitiesPrior1YearInstant11966000000JPY
LiabilitiesCurrentYearInstant14001000000JPY
Capital stockPrior1YearInstant1886000000JPY
Capital stockCurrentYearInstant1886000000JPY
Capital surplusPrior1YearInstant2082000000JPY
Capital surplusCurrentYearInstant1982000000JPY
Retained earningsPrior1YearInstant10773000000JPY
Retained earningsCurrentYearInstant8283000000JPY
Treasury stockPrior1YearInstant-55000000JPY
Treasury stockCurrentYearInstant-1653000000JPY
Shareholders equityPrior1YearInstant14687000000JPY
Shareholders equityCurrentYearInstant10498000000JPY
Valuation difference on available for sale securitiesPrior1YearInstant-12000000JPY
Valuation difference on available for sale securitiesCurrentYearInstant4000000JPY
Revaluation reserve for landPrior1YearInstant848000000JPY
Revaluation reserve for landCurrentYearInstant848000000JPY
Valuation and translation adjustmentsPrior1YearInstant835000000JPY
Valuation and translation adjustmentsCurrentYearInstant852000000JPY
Net assetsPrior1YearInstant15522000000JPY
Net assetsCurrentYearInstant11351000000JPY
Liabilities and net assetsPrior1YearInstant27489000000JPY
Liabilities and net assetsCurrentYearInstant25352000000JPY
Net sales of completed construction contracts cnsPrior1YearDuration31792000000JPY
Net sales of completed construction contracts cnsCurrentYearDuration36338000000JPY
Net sales of side line business cnsPrior1YearDuration472000000JPY
Net sales of side line business cnsCurrentYearDuration431000000JPY
Net salesPrior1YearDuration32264000000JPY
Net salesCurrentYearDuration36769000000JPY
Cost of sales of completed construction contracts cnsPrior1YearDuration28848000000JPY
Cost of sales of completed construction contracts cnsCurrentYearDuration32427000000JPY
Cost of sales on side line business cnsPrior1YearDuration435000000JPY
Cost of sales on side line business cnsCurrentYearDuration429000000JPY
Cost of salesPrior1YearDuration29284000000JPY
Cost of salesCurrentYearDuration32856000000JPY
Gross profit on completed construction contracts cnsPrior1YearDuration2943000000JPY
Gross profit on completed construction contracts cnsCurrentYearDuration3911000000JPY
Gross profit on side line business cnsPrior1YearDuration36000000JPY
Gross profit on side line business cnsCurrentYearDuration1000000JPY
Gross profitPrior1YearDuration2980000000JPY
Gross profitCurrentYearDuration3912000000JPY
Selling general and administrative expensesPrior1YearDuration2019000000JPY
Selling general and administrative expensesCurrentYearDuration2140000000JPY

Every row of the EDINET CSV. Item names are the XBRL element names; filed text is kept in its original Japanese. Filed text is available on Plus and Pro.

Data checks · 24 of 24 passed
balance sheet identityconsolidated 2025-03-31pass rounding
balance sheet identityconsolidated 2026-03-31pass
balance sheet identitynon_consolidated 2025-03-31pass rounding
balance sheet identitynon_consolidated 2026-03-31pass
dei present pass
period resolution pass
statement vs summary · net assetsconsolidated 2024-03-31pass
statement vs summary · net assetsconsolidated 2025-03-31pass
statement vs summary · net assetsconsolidated 2026-03-31pass
statement vs summary · net assetsnon_consolidated 2024-03-31pass
statement vs summary · net assetsnon_consolidated 2025-03-31pass
statement vs summary · net assetsnon_consolidated 2026-03-31pass
statement vs summary · net income attributable to parentconsolidated 2024-04-01/2025-03-31pass
statement vs summary · net income attributable to parentconsolidated 2025-04-01/2026-03-31pass
statement vs summary · operating cash flowconsolidated 2024-04-01/2025-03-31pass
statement vs summary · operating cash flowconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenueconsolidated 2024-04-01/2025-03-31pass
statement vs summary · revenueconsolidated 2025-04-01/2026-03-31pass
statement vs summary · revenuenon_consolidated 2024-04-01/2025-03-31pass
statement vs summary · revenuenon_consolidated 2025-04-01/2026-03-31pass
statement vs summary · total assetsconsolidated 2025-03-31pass
statement vs summary · total assetsconsolidated 2026-03-31pass
statement vs summary · total assetsnon_consolidated 2025-03-31pass
statement vs summary · total assetsnon_consolidated 2026-03-31pass